The Difference Between Trend and Tail Rates on Spy

It depends on what price buying volatility looks like for that piece of inventory, right? So you've had a big move. Price in a short period of time, then your trade will probably move will kind of, you know, just naturally move higher faster because it's a shorter time duration rights than trend or tail Duration. It's much more about where pricing is and what the volatility of that implied piece of inventory has had so, you know,. The vast is price of volume and volatility. That all basically plays a factor into what those levels of where they stand.